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Available

Luxury villa complex with pool

Makry Gialos, Lassithi

From

€490,000

Video tour

Description

Residential development of 12 luxury villas in Analipsi, Makry Gialos. Each villa spans 3 levels (216 to 224 sqm) with 4 bedrooms, 4 bathrooms, fireplace, sauna and playroom. Private pool, landscaped garden, sea and mountain views. Superior build quality: thermal and sound insulation, stone-clad facades, underfloor heating. 5-minute walk to Lagoufa sandy beach. Furnished, equipped, ready to live in or rent out from day one. Several units still available from €490,000.

Features

Private pool per villa
Sea and mountain views
Sauna
Fireplace
Playroom
Furnished and equipped
Alarm and security door
Underfloor heating
Double glazing
Air conditioning
Thermal and sound insulation
Stone-clad facade

Rental estimate

Estimated nightly rate

160 - 0

Estimated occupancy rate

0%

Estimated annual revenue

26,000 - 0

Estimated gross yield

Net after expenses & taxes: 4.2%*

Data based on Makry Gialos 2025 comparables (VRBO, Airbnb, Booking.com) and Crete market data (BnBNews, PriceLabs). Occupancy aligned with estimated Lassithi average (~55%). Net yield deducts: 20% property management, ~€3,000 ENFIA, maintenance, insurance, Greek income tax (15-25%).

* Gross yield = annual rental income ÷ purchase price. Net yield deducts running costs (maintenance, insurance, ENFIA) and Greek income tax on rental revenue. Estimates based on local market data — results not guaranteed.

The Kairos take

Our unfiltered, on-the-ground analysis

One of the best value-for-money properties in Lassithi. Villas delivered furnished with private pool, in a gated complex 5 min from the beach. Strong rental potential: 4 bedrooms accommodate families or groups willing to pay €250-350/night in high season (comparable Villa Danae at ~€490/night for the upper segment). Average Crete ADR reached €260-325 in 2025 (source: BnBNews). Crete occupancy: 65% overall, estimated ~55% for Lassithi (emerging area). The 5-7% gross yield sits in the upper range of Cretan returns (Crete average: 5.5-6.5% per Investropa). Makry Gialos benefits from southeast tourism expansion with limited premium competition.

Available units

12 unit(s) available out of 12

VillaAreaPriceStatus
Villa 1217 sqm€510,000Available
Villa 2A223 sqm€490,000Available
Villa 2B223 sqm€495,000Available
Villa 2C223 sqm€495,000Available
Villa 3B223 sqm€495,000Available
Villa 3C224 sqm€490,000Available
Villa 6A218 sqm€510,000Available
Villa 6B217 sqm€510,000Available
Villa 6C216 sqm€510,000Available
Villa 7A216 sqm€510,000Available
Villa 7B216 sqm€510,000Available
Villa 7C216 sqm€500,000Available
Available12 villas, from €490,000

Luxury villa complex with pool

From

€490,000

4

bedrooms

4

bathrooms

217

sqm

Year: 2009
B+Energy class B+

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